SR SR COMPANY PRESENTATION SIAMRAJ PUBLIC COMPANY LIMITED Opportunity Day @ 2 6 t h M a r c h , 2 0 1 9
AGENDA COMPANY OVERVIEW FINANCIAL PERFORMANCE BUSINESS OUTLOOK 1
COMPANY OVERVIEW
METERING & PIPELINE TRANSMISSION BUSINESS UNIT : MPT Design & Construction of the Natural Gas Metering Systems Being specialist of Flow Measuring Systems and Engineering Services Inspection, repair and maintenance services of equipment in gas metering stations 3
ENERGY BUSINESS GROUP : ENG (NATURAL GAS FOR VEHICLES) Own and operate the NGV stations Design, supply and installation the NGV Stations Maintenance for NGV Stations NGV Station Management 4
ENGINEERED PUMPS & SYSTEM BUSINESS UNIT : EPS We are specialized in engineered pumps and systems and other related equipment for all industries and power plants. After Sales-Service 5
COMPANY STRUCTURE : 2017 SUBSIDIARIES, ASSOCIATED AND JOINT VENTURE COMPANY SR Siamraj Public Company Limited registered as a Public Company on Feb 2, 2015 (1) (3) (5) (6) (2) * * * * * JVSR (90%) (99.99%) SCH TTN (99.99%) (99.99%) SPH JST (59.99%) Techtronic Co., Ltd. Joint Venture Siamrajathanee SR Power Holding Co., Ltd. SR Commercial Holding Co., Ltd. Joint Venture Siamraj & Tekhatatn Co., Ltd. (Registered: 4.10.11) (Registered: 18.05 . 17) (Registered: 5.07 . 17) (Registered: 1.11 . 17) (Registered: 16.11.17) (4) * TKSV (79.99%) TKS Venture Co., Ltd. (Registered: 12.07 . 17) * Remark: = Percentage of Siamraj Public Company Limited has hold the shares. 6
KEY DEVELOPMENT OF THE COMPANY 2018 JUN Associated with Soltech Solution Co., Ltd. (25.10%) JUN Associated with C2C Solution Co., Ltd. (25.10%) JUL Capital Increased of SR Commercial Holding Co., Ltd. (146 MB.) JUL Capital Increased of Techtronic Co., Ltd. (20 MB.) AUG Registered of CAPS Co., Ltd. (100 MB.) NOV Branch Registered of TKS Venture Co., Ltd. 7
COMPANY STRUCTURE : 2018 SUBSIDIARIES, ASSOCIATED AND JOINT VENTURE COMPANY SR Siamraj Public Company Limited registered as a Public Company on Feb 2, 2015 (1) (3) (5) (6) (2) * * * * * JVSR (90%) (99.99%) SCH TTN (99.99%) (99.99%) SPH JST (59.99%) Techtronic Co., Ltd. Joint Venture Siamrajathanee SR Power Holding Co., Ltd. SR Commercial Holding Co., Ltd. Joint Venture Siamraj & Tekhatatn Co., Ltd. (Registered: 4.10.11) (Registered: 18.05 . 17) (Registered: 5.07 . 17) (Registered: 1.11 . 17) (Registered: 16.11.17) (7) (8) (4) (9) * * * * C2C (25.10%) (25.10%) (71.99%) STS TKSV (79.99%) CAPS C2C Solutions Co., Ltd. Soltech Solutions Co., Ltd. TKS Venture Co., Ltd. CAPS Co., Ltd. (Registered: 6.08 . 18) (AS: 12.06 . 18) (AS: 12.06 . 18) (Registered: 12.07 . 17) * Remark: = Percentage of Siamraj Public Company Limited has hold the shares. 8
TECHTRONIC CO., LTD. Design 99.99% Installation Shares After Sales-Service 9
COMPANY STRUCTURE SUBSIDIARIES & ASSOCIATED COMPANY SR Siamraj Public Company Limited registered as a Public Company on Feb 2, 2015 * * SCH (99.99%) SPH (99.99%) SR Power Holding Co., Ltd. SR Commercial Holding Co., Ltd. * * * * C2C (25.10%) STS TKSV (79.99%) CAPS (25.10%) (71.99%) C2C Solutions Co., Ltd. Soltech Solutions Co., Ltd. TKS Venture Co., Ltd. CAPS Co., Ltd. * Remark: = Percentage of Siamraj Public Company Limited has hold the shares. 10
COMPANY STRUCTURE SUBSIDIARIES & ASSOCIATED COMPANY SR Siamraj Public Company Limited registered as a Public Company on Feb 2, 2015 * * SCH (99.99%) SPH (99.99%) SR Power Holding Co., Ltd. SR Commercial Holding Co., Ltd. * * * * C2C (25.10%) STS TKSV (79.99%) CAPS (25.10%) (71.99%) C2C Solutions Co., Ltd. Soltech Solutions Co., Ltd. TKS Venture Co., Ltd. CAPS Co., Ltd. * Remark: = Percentage of Siamraj Public Company Limited has hold the shares. 11
TKS VENTURE CO., LTD. Design, construction and operation in car park and automatic parking system @ Thammasat University Hospital (Rang-Sit) 79.99% Shares Opening : Dec’18 12
CAPS CO., LTD. Design, construction and operation in car park and automatic parking system @ AOT Chiang Mai PROGRESS Site Office : Done 71.99% Construction Prepared : 90% Shares Construction Started : Mar’19 Investment : 460 MB. Status : Waiting for the Construction Certified (Around Mar’19) 13
COMPANY STRUCTURE SUBSIDIARIES & ASSOCIATED COMPANY SR Siamraj Public Company Limited registered as a Public Company on Feb 2, 2015 * * SCH (99.99%) SPH (99.99%) SR Power Holding Co., Ltd. SR Commercial Holding Co., Ltd. * * * * C2C (25.10%) STS TKSV (79.99%) CAPS (25.10%) (71.99%) C2C Solutions Co., Ltd. Soltech Solutions Co., Ltd. TKS Venture Co., Ltd. CAPS Co., Ltd. * Remark: = Percentage of Siamraj Public Company Limited has hold the shares. 14
SOLTECH SOLUTIONS CO., LTD Location : Cha-Cheong Sao PLANT AREA Capacity : 5 MW. 25.10% Shares Investment : 20.5 MB. Status : Contract signed on Mar’18 15
C2C SOLUTIONS CO., LTD. Location : Singburi PLANT AREA Capacity : 1 MW. 25.10% Shares Investment : 8.9 MB. Status : Contract signed on Mar’18 16
FINANCIAL PERFORMANCE
REVENUES & REVENUES STRUCTURE TOTAL REVENUES GROSS PROFIT Unit : Million Baht Unit : Million Baht +82% +37% YoY YoY Main Business Group (3) Subsidiary Group (2) MPT (The Metering and Pipeline Transmission Business Unit ) TTN (The Field of Flow Measurement Business Unit) ENG (The Alternative Energy Business Unit) Other Business Group (TKS, CAPS) EPS (The Engineered Pumps and Systems Business Unit ) 18
FINANCIAL PERFORMANCE : MAIN BUSINESS REVENUES 2 018 Main Business Group (3) Subsidiary Group (2) MPT (The Metering and Pipeline Transmission Business Unit ) TTN (The Field of Flow Measurement Business Unit ) ENG (The Alternative Energy Business Unit) Other Business Group (TKS, CAPS) EPS (The Engineered Pumps and Systems Business Unit ) 19
2018 PERFORMANCE (Thousand baht) 2018 2017 %Inc(Dec) Total revenues 1,777,436 976,837 82% Total costs (1,534,214) (799,973) Gross profit 243,222 176,864 38% Other income 19,251 32,121 Profit before expenses 262,473 208,985 26% SG&A (203,486) (159,593) Share of profit (loss) from investment in associates and joint venture 8,476 (67) EBIT 67,463 49,325 37% Financial cost (4,670) (2,585) Profit (loss) before income tax 62,793 46,740 34% Income tax (11,531) (11,141) 1,972 760 Non-controlling interest (NCI) Profit (loss) attributable to Owners of the parent (OCI) 53,234 36,359 46% Earning per share 0.08 0.06 33% 20
EBITDA AND NET PROFIT EBITDA NET PROFIT Unit : Million Baht Unit : Million Baht 21
KEY FINANCIAL RATIOS D/E & INTEREST BEARING D/E RATIO CURRENT RATIO Unit : Times Unit : Times 22
KEY FINANCIAL RATIOS ROA AND ROE RATIOS GROSS PROFIT, EBITDA AND NET PROFIT MARGIN 23
BALANCE SHEET ASSETS LIABILITIES & EQUITY Unit : Million Baht Unit : Million Baht 24
SUSTAINABLE GROWTH 2019 Growth Driven From ; Strong • Building strong backlog to support 2019 growth Backlog Sustainable • Able to maintain at reasonable growth on 3 core business units Core Businesses • The Field of Flow Measurement Business Unit New Business • The Parking Building Business Unit 25
OTHER BUSSINESS SUSTAINABLE GROWTH 2019 KEY HIGHLIGHT Growth Driven From New Business ; New Business The Parking Building Business Unit 26
BUSINESS OUTLOOK
2019 FORECAST TOTAL REVENUES 2019 Forecast Unit : Million Baht 28
BACKLOG (Million Baht) Business Group Backlog as of Recognized Expected 31 Dec 2018 28 Feb 2019 Y2019 Y2020 Y2021 > 3 Years The Metering and Pipeline Transmission Business Unit (MPT) 852 881 573 233 52 23 The Alternative Energy Business Unit (ENG) 368 285 180 105 - The Engineered Pumps and Systems Business Unit (EPS) 39 52 52 - - - The Field of Flow Measurement Business Unit (TTN) 83 63 21 42 - - The Parking Building Business Unit (TKS) 99 93 26 27 20 20 Total 1,441 1,374 852 407 72 43 The Office Building Construction Business Unit (JST) 22 10 10 - - - 1,384 862 407 Grand Total 1,463 1,384 862 407 72 43 1,384 MB 862 MB 407 MB 29
SIAMRAJ PUBLIC CO., LTD. THANK YOU
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